PL charge City for alleged breaches of financial rules

[BongoBlue]

Fo

Every time this thread appears near thevery time this thread appears near the top of the forum, I worry

For some reason, I don't any more. I just think that there has been some revelation that we are absolutely innocent and are exonerated of all the charges. And that @Prestwich_Blue and @projectriver are doing some sort of weird TikTok dance as a result with a big fuck off "We told you so!" banner.

OK, maybe I should worry...:)

 

[halfcenturyup]

If it was only one country the EU Commission would have a say, regardless of whether all competitors are based in EU member states. Eg a company based in US are obligated to meet GDPR regs if they want to trade in the EU. La Liga have, or plan to, complained to the EU about PSG using state aid which affects the market This is where the loony Harris has got his story from.

Pretty sure Swiss law incorporates EU law because of their trade and labour agreements, so UEFA as a Swiss organisation also has to comply with EU directives. How many UEFA participants are in the EU has nothing to do with it.

Doesn't matter anyway, La Liga's case against PSG has no chance of success. It's just sabre rattling.

 

[Kinkys Left Foot]

The PL should add a little rule to their list that all members Company registrations must be in the UK, subject to UK law.
I can only think there must be some other scam going on to have a registration in the Cayman Islands. It can't possibly be for the avoidance of Corporation Tax as when was the last time they made a substantial documented profit?

 

[KS55]

But if we wanted to we could, we’re clearly happy with the arrangement.

No. Unconstitutional. All these territories are governed according to settlement treaties. We have no power to break that treaty any more than we could interfere in Kenya, say. These territories are EX colonies and are self governing.

 

[SWP's back]

There’s a price to pay, some of the locals, mainly black carribeans live in poverty, one lady was paying £1500 a month mortgage for what was a shack, now she’s retired she can’t afford the mortgage and was being evicted.

I was intrigued by this as I found it somewhat hard to believe and for £1,500 per month, you can rent (which is more expensive than a mortgage) as nice two bed water front apartment (nevermind a shack) on the first place I looked, and that’s in 2023 rather than 2015.

 

[SWP's back]

No. Unconstitutional. All these territories are governed according to settlement treaties. We have no power to break that treaty any more than we could interfere in Kenya, say. These territories are EX colonies and are self governing.

Don’t let facts get in the way of a good moan.

 

[KS55]

The PL should add a little rule to their list that all members Company registrations must be in the UK, subject to UK law.
I can only think there must be some other scam going on to have a registration in the Cayman Islands. It can't possibly be for the avoidance of Corporation Tax as when was the last time they made a substantial documented profit?

Your first para: one wonders why this is not so. Similarly there should be a rule prohibiting leveraged buy outs. Perhaps the new regulator will have something to say about this.

 

[give it to gordon]

The PL should add a little rule to their list that all members Company registrations must be in the UK, subject to UK law.
I can only think there must be some other scam going on to have a registration in the Cayman Islands. It can't possibly be for the avoidance of Corporation Tax as when was the last time they made a substantial documented profit?

That's a good point why have the pl allowed a club from the Cayman Islands to play in the English league ?.
Thinking about it, it's wrong to have clubs in the English pl if they are t registered in the uk.

 

[halfcenturyup]

That's a good point why have the pl allowed a club from the Cayman Islands to play in the English league ?.
Thinking about it, it's wrong to have clubs in the English pl if they are t registered in the uk.

Not sure what the problem is with United's accounts in all honesty. United have a UK limited company like we do. They have holding companies like we do. There's is in the CI, which has some secrecy attached to it. Ours is Newton (formerly ADUG) in the UAE, which isn't particularly transparent either.

Just normal, prudent business if you ask me.

 

[cheekybids]

No. Unconstitutional. All these territories are governed according to settlement treaties. We have no power to break that treaty any more than we could interfere in Kenya, say. These territories are EX colonies and are self governing.

I disagree, if we don’t like something then we lobby or interfere or find a way that encourages them to change their mind.

In other words the UK would act like Dippers & Arsenal.